Kotak Silk Savings Account, specially designed for modern women offers the finest of lifestyle and dining along with the best of finance. It is crafted to help you in effective financial management, offers everything that one expects from a premier category savings account.
Kotak Silk Savings Account offers cash backs up to Rs. 4500 annually while the rewards include as many as 60 free movie tickets along with cash backs on debit cards purchases (have a few criteria like minimum monthly expenditure of Rs. 5000, subject to maintenance of account's minimum balance for the month before), when you spend on jewellery, grocery, health, beauty, travel, wellness, shopping, electronics, apparel, entertainment, and fuel. The photo debit card that you get with this account is known as "Classic Silk". Special EMI offers are also available for account-holders.
The swipe limit at merchant outlets happens to be Rs 1.5 lakh while the limit for ATM withdrawal is Rs. 75,000. The card offers purchase protection of Rs. 50,000 and the liability for a lost card is of Rs. 1.5 lakh. The limit of cash withdrawal at merchant outlets (Cash @ POS) is of Rs. 1000.
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